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Technology company Cisco is among the groups involved in six virtual power purchase agreements (VPPAs) to secure energy from two solar power plants being developed in Texas. The post Corporate Buyers Sign Deals With Texas Solar Energy Projects appeared first on POWER Magazine.
US military aid to Ukraine has now started moving across the border from Poland, following an agreement between US and Ukrainian officials in Saudi Arabia, according to Polish Foreign Minister Radoslaw Sikorski. Sikorski was speaking to reporters alongside his Ukrainian counterpart, Andriy Sybiha, in Warsaw, as the latter returned from the talks in Jeddah on March 12.
Hart Energy reports that Expand Energy, formed by the combination of Chesapeake Energy and Southwestern Energy, drilled a massive 5.6-mile lateral in northern West Virginias dry-gas Uticaand it was drilled in five days with just one bit run. Expand’s Shannon Fields OHI #3H well, located in Ohio County, WV, has a 29,687-ft lateral. We always. The post Expand Energy Drilled 5.6-Mile Lateral in the WV Utica in 5 Days first appeared on Marcellus Drilling News.
Ukraine could import significant quantities of U.S. LNG via terminals in EU countries as it seeks to boost supply with domestic infrastructure damaged by Russian attacks, the head of the gas system operator told Reuters in an interview published on Wednesday. Ukraine could import at least 4 billion cubic meters of gas between April and October this year, Dmytro Lyppa, chief executive at the Gas Transmission System Operator of Ukraine (GTSOU), told Reuters.
Joe Stalin was a brutal dictator in the Soviet Union (Russia) who ruled with an iron fist during the early 20th century. He established the totalitarian political system known as Stalinism, which forcibly purged society of what it saw as threats to itself and its brand of communism. We think Stalinism is an apt description. The post Stalinist NY Bill Would End Natural Gas for Homes and Businesses first appeared on Marcellus Drilling News.
Crude oil inventories in the United States saw an increase of 1.4 million barrels during the week ending March 7, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. crude oil inventories ami
Yesterday, Pennsylvania Governor Josh Shapiro visited Voith Hydro North America (in York, PA) to announce that key components of his extremely flawed Lightning Plan will be introduced in the General Assembly in the coming weeks by sychophantic Democrats. Shapiro claims his so-called Lightning Plan is “a comprehensive, all-of-the-above energy plan to secure Pennsylvanias energy future.” The post PA Gov.
Indian imports of crude oil from Russia appear to be rebounding in March following lower purchases earlier this year in the immediate aftermath of the January U.S. sanctions on Russias oil trade. Traders have booked more non-sanctioned tankers to deliver crude to India, while the price of Russias flagship Urals grade has dropped to below the $60 per barrel price cap by the G7, allowing shipments involving Western companies, Reuters reports, citing ship-tracking data and trading sources.
Indian imports of crude oil from Russia appear to be rebounding in March following lower purchases earlier this year in the immediate aftermath of the January U.S. sanctions on Russias oil trade. Traders have booked more non-sanctioned tankers to deliver crude to India, while the price of Russias flagship Urals grade has dropped to below the $60 per barrel price cap by the G7, allowing shipments involving Western companies, Reuters reports, citing ship-tracking data and trading sources.
Energy Vocations is the monthly series in which Energy Voice speaks to workers who keep the UK's lights on. The post Energy Vocations: Mick Gillespie has worked on the Anasuria FPSO since day one appeared first on Energy Voice.
Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) revealed on Wednesday. Production officially restarted on Sunday at an initial rate of 5,000 barrels per day, with plans for an increase to 25,000 bpd by July. According to the Chairman of Libyas National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028.
Earlier this month, the Texas Independent Producers & Royalty Owners Association (TIPRO) released the 10th edition of its State of Energy Report, offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for ?the energy industry in 2024 (full copy below). TIPROs State of. The post Natural Gas Extraction Job Paid Average Wage of $176,800 in 2024 first appeared on Marcellus Drilling News.
Argentinas controversial president Javier Milei, a self-described anarcho-capitalist, on taking office enacted strict austerity measures to rein in rampant triple-digit inflation, kick-start the economy and slash a massive fiscal deficit. While it is too early to tell if Milei has reversed decades of economic mismanagement there are promising signs of a miracle emerging.
March 12, 2025 EOA’s Main Takeaway Although changes in inventories followed historical trends, the bad weather in Texas has influenced exports and imports. Gasoline inventories are currently at a comfortable level, but refinery maintenance might lead to low levels at the start of summer. We will monitor jet fuel demand, expecting it might decline significantly due to slow economic growth and reduced government travel.
Indias Coal Ministry is proposing to establish a coal trading exchange as domestic coal production jumps with the government push for higher output and sector reforms allowing private firms to operate mines. With the increased availability of domestic coal in the country, it is envisaged that there would be a paradigm shift towards a surplus coal scenario, the Coal Ministry said in a notice launching a public consultation on the creation of a coal trade exchange.
Despite being the worlds biggest polluter, China is also a renewable energy superpower. Following decades of investment, China is the worlds biggest green energy producer, and its renewable energy capacity keeps on growing. The Asian giant is aiming to achieve carbon neutrality by 2060, despite continuing to be heavily reliant on oil, gas and coal. As Chinas renewable energy sector continues to expand, how long will this last until the bubble bursts?
Imagine a person goes to their medical doctor complaining of exhaustion, chronic headaches and stress. An effective doctor wouldn’t just prescribe bubble baths and yoga. They would look deeper, examining underlying causes to find a real solution. Yet, for years, schools have treated teacher burnout and overwhelm like a personal wellness issue instead of a system-wide crisis.
Renewable energy developer, NextEra Energy (NYSE:NEE) is considering doubling its $20B investment in Texas, with the renewable energy company currently exploring land in the Permian Basin for development, Michele Wheeler, VP of regulatory and political affairs, revealed at the CERAWeek energy conference in Houston. Projections for the Lone Star state--the biggest power producing state-- see a doubling of electricity demand by 2030.
Sermatec Energy wins major overseas energy storage deal AccordingtoOfficialAmmount@gh_5d67ff58c348,onthechessboardoftheglobalenergytransition,CentralandEasternEuropeisbecomingthefocusofanewroundofgames.OnMa.
Albertas Premier Danielle Smith has discussed potential overseas sales of Alberta-owned heavy oil with a global oil and petrochemical firm, the Canadian oil-producing province said this week. The potential deal with the multinational company, which Alberta didnt name, would be a first-of-its-kind transaction that would see the overseas transport and sale of about 2 million barrels per month of Government of Alberta owned heavy oil via the Alberta Petroleum Marketing Commission (APMC).
U.S. House Passes Bill! DHS Banned from Purchasing Chinese Batteries, Affecting CATL, BYD, Envision Energy, EVE Energy AccordingtoOfficialAmmount@chuneng365,onMarch10(localtime),theU.S.HouseofRepresentativesunanimouslypassedtwobillsrelatedtoChina.Onebillaimstorestrictt.
Bolivia's state energy company YBFB will use cryptocurrency to pay for energy imports amid dollar shortages, Reuters has reported. The shortage comes alongside a fuel crisis spurred by a lack of natural gas exports, which had led to protests across the country. "From now on, these (cryptocurrency) transactions will be carried out," a YPFB spokesperson told Reuters.
(Oil Price) –Germanys biggest utility RWE will supply green hydrogen to Frances oil and gas supermajor TotalEnergies in a 15-year deal from 2030, in one of the largest such agreements globally. RWE to supply around 30,000 metric tons of green hydrogen annually to TotalEnergies from 2030 to 2044, the German utility giant said on Wednesday. The green hydrogen from RWE will be used in TotalEnergies Leuna refinery in Germany to reduce the plants carbon emissions.
Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports and a weaker dollar that should stimulate stronger demand. At the time of writing Brent crude was trading at $70.05 per barrel, with West Texas Intermediate at $66.75 per barrel, as the U.S. Energy Information Administration made a considerable revision to its supply and demand outlook for this year and next, and the head of the International Energy Agency called for more investment
Among the various types of valves on the market, ball valves are critical in high-pressure systems, enabling precise fluid control in industries like power generation, chemical processing, and oil and […] The post Best Maintenance Practices for Ball Valves in High-Pressure Systems appeared first on POWER Magazine.
Traders havent been this bearish on oil in months or so bullish on U.S. natural gas in years. The latest data on money managers positioning in the WTI and Brent crude and U.S. natural gas futures showed two contrasting trendsspeculators are betting that oil prices would remain low or go even lower while increasing the bets that natural gas prices would continue marching higher.
(World Oil) – Ecuador President Daniel Noboas plan to revitalize the nations biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Since striking a deal last year to hand Ecuadors Sacha field to Sinopetrol, an obscure consortium of foreign oil companies, Noboa has faced mounting criticism over his handling of the deal.
Azerbaijan and Georgia are asking the European Commission to grant special status to a Black Sea power line project that would expedite construction of an undersea cable enabling EU member states to import electricity from Caspian Basin nations.
Weekly Crude Oil Storage as of March 7, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 million barrels from the previous week. At 435.2 million barrels, U.S. crude oil inventories are 5% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of March 7, 2025.
The UK police have arrested the captain of a container ship that collided with a tanker carrying jet fuel in the North Sea earlier this week, on suspicion of gross negligence manslaughter in connection with the collision, according to an AP report. Unnamed sources told Reuters earlier in the week that no malicious activity was suspected in the accident, which set both vessels on fire.
CALGARY, Alberta (March 12, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing a report that examines the impact of manufacturing load resulting from increased domestic manufacturing driven by demand, tariffs and production economics.
A group of large energy users, including technology giants Amazon, Google, and Meta, on Wednesday pledged their support to the goal of at least tripling global nuclear capacity by 2050. The tech firms were among the founding signatories of the pledge as a cross-industry group of eight large energy users teamed up for the first time to launch a cross-sector pledge to emphasize nuclear energys essential role in enhancing energy security, resiliency and providing continuous clean energy.
AC or DC coupling refers to the way in which solar panels are linked to the BESS (battery energy storage systems). Here we compare the pros and cons of each. Solar panels can be coupled or linked to a battery either through alternating current (AC) coupling or direct current (DC) coupling. AC current flows rapidly on electricity grids both forward and backward.
Germanys biggest utility RWE will supply green hydrogen to Frances oil and gas supermajor TotalEnergies in a 15-year deal from 2030, in one of the largest such agreements globally. RWE to supply around 30,000 metric tons of green hydrogen annually to TotalEnergies from 2030 to 2044, the German utility giant said on Wednesday. The green hydrogen from RWE will be used in TotalEnergies Leuna refinery in Germany to reduce the plants carbon emissions.
Two Large-scale Overseas Battery Energy Storage Projects Purchase Agreement Have Been Signed Accordingtoescn.com,theEgyptiangovernmentrecentlysignedaCapacityPurchaseAgreement(CPA)withDubai-basedrenewableenergydeveloperAMEAPowerforthedeployment.
Up/down, up/down, up/down, up/down We cant count how many times the Freeport LNG export facility has come online to go offline again, with the cycle repeating (see our MANY stories about the uneven Freeport here). Its become kind of a joke. Except, its no joke. Freeport is (still, for now) the countrys second-largest LNG export. The post Freeport LNG Trains 2 & 3 Go Offline Yet Again, Quick Restart first appeared on Marcellus Drilling News.
2GWh Energy Storage Manufacturing Project and 1GWh Energy Storage Power Station Project Was Signed AccordingtoOfficialAccount@Chunengjianwen,onMarch5th,thePeople'sGovernmentofQingyangCity,GansuProvince,successfullysignedastrategiccooperationframewor.
No longer the realm of science fiction, artificial intelligence (AI) is transforming industries, advancing innovation, and redefining our everyday experiences. But while were dazzled by its seamless operation, most of us overlook whats behind AI that makes it all possible. That unsung hero is energy and lots of it. As data centers and power plants are grappling with rising electricity demand fueled by AI technologies, natural gas is emerging as the primary energy source of this digital revoluti
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